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Five-Unit Apartment Property
For Sale
Contact for pricing
Pending

821 Pennsylvania Ave, Saint Cloud, FL 34769

Four-building property with renovated older structures, annual leases, and a mix of one-, two-, and three-bedroom units.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market144

Property Features for 821 Pennsylvania Ave

General Information

Standard status Pending
Lot size 0.17 Acres
Property subtype Multifamily
Occupancy 95%

Units

Unit Mix 3 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 5

Additional Details

Utilities to Site Yes

Amenities

washer/dryer hookups

Building Details

Buildings 4
Tenancy Multi
Listing Agency: Plaid Properties
Listed By: Andrew Birr · License #BK3417389
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plaid Properties

Investment Insights

Based on property information with market context.

This five-unit apartment property occupies one parcel at 821 Pennsylvania Ave in St. Cloud, Florida. The improvements include four buildings: a duplex, two cottages constructed in 1920, and a tiny home built in 2020. The older buildings have been renovated under current ownership, while the buildings feature newer metal roofs or recently applied roof coatings. Unit mix includes three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one 3-bedroom/1-bath unit. Four of the five units include washer/dryer hookups.

The property spans .17 acres in Downtown Saint Cloud, within walking distance of dining, entertainment, East Lake Tohopekaliga, and the lakefront park, pier, and restaurants. Units are leased annually, with a reported 95% occupancy rate. The property uses city water, sewer, and electric service, and the landlord manages utility payments through a RUBS system that reimburses nearly all utility expense. Walt Disney World is approximately a 30-minute drive, while Downtown Orlando is approximately 35 minutes away.

Key Highlights

  • 5 units across 4 buildings on 1 parcel
  • Unit mix includes three 1‑bedroom/1‑bath, one 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath unit
  • .17 acres in Downtown Saint Cloud at 821 Pennsylvania Ave

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Accounting Firm Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
95%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

997
Businesses Nearby

Demographics for 34769, FL

27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-building property with renovated older structures, annual leases, and a mix of one-, two-, and three-bedroom units.
Where is this apartment building located?
The property is located at 821 Pennsylvania Ave Saint Cloud, FL.
What are key features of this property?
This property features: 5 units across 4 buildings on 1 parcel; Unit mix includes three 1‑bedroom/1‑bath, one 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath unit; .17 acres in Downtown Saint Cloud at 821 Pennsylvania Ave
(407) 984-5828 Call to check price and availability
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